Non-executive board member of listed company no longer subject to Dutch Wage Tax Act as of January 1, 2018
For listed companies, the fictitious employment relationship applies from January 1, 2018 only to the executive director. For the non-executive director, the company is no longer obliged to deduct and pay withholding taxes. The director himself must ensure payment of income tax and the income-related healthcare premium.
By Limes International
The non-executive director may still be subject to payroll tax at his own request by using the opting-in arrangement. The importance of this may, for example, lie in the application of the 30% ruling.
Action is therefore required when the 30% facility was applied in 2017 to the remuneration of non-executive directors.
For more information, visit the page of Limes International.